East Africa: Kenyan, Tanzanian Presidents Sign Pipeline Deal
Kenya and Tanzania have signed a deal for a gas pipeline that will run between the coastal cities of Mombasa and Dar es Salaam. The signing took place Tuesday, as Continue Reading
Ghana set to receive first LNG cargo at end of May
Sub-Saharan Africa’s first LNG terminal operationally ready Shell to supply LNG under long-term contract with GNPC Africa expected to develop more LNG import infrastructure Ghana is now expected to receive Continue Reading
‘There are no vaccines’: Covid fears rise in Africa as inoculations stall
While India battles a catastrophic second wave of Covid-19 infections, health officials in Africa are watching with alarm as their immunization campaigns, heavily dependent on vaccine imports from the subcontinent, Continue Reading
Nigeria: NNPC Sells N267 Billion Crude Oil, Maintains 1.42 Million BPD Output
The Nigerian National Petroleum Corporation (NNPC) sold crude oil worth N267.59 billion in February, while its total daily production stood at 1.42 million barrels per day in the first quarter Continue Reading
Africa’s Most Interesting Untapped Oil Play
When writing the article on this year’s Top Oil Wildcats , one of the hottest candidates had to be dropped out of the list. Not because the prospect turned out Continue Reading
Nigeria’s NNPC Says Subsidy Won’t Stop Government Obligations
Nigeria’s state-owned energy company assured it will continue to meet its financial obligations to the government despite indicating the cost of gasoline subsidies may make it impossible to contribute to Continue Reading
Libyan oil minister seeks budget approval to hit 1.5 mln bpd target
Libya’s oil production target of 1.5 million barrels per day (bpd) by the end of 2021 depends on parliament approving the national budget quickly, Oil Minister Mohamed Oun told Reuters Continue Reading
Nigeria: Shell Pipelines Spill 4,309 Barrels of Crude in H2’20
Shell Petroleum Development Company of Nigeria Limited (SPDC) reported that a total of 4,309.18 barrels of crude was spilled into the Niger Delta environment from its operations in the second Continue Reading
Why Nigerian Oil Prices Are Falling
Although it is a very rare occurrence to see Nigerian grades trade at levels stipulated by the Nigerian National Petroleum Company (NNPC) every month, the issuance of its official selling Continue Reading
Uganda Set To Launch Tenders On Massive Oil Project In December
The Petroleum Authority of Uganda will launch in December the first key tenders for the long-awaited oil resources development project in the East African country, which cleared a major hurdle Continue Reading